India's mutual funds base to top $325 bn by 2018: RCAM's Sikka

Last Updated: Sunday, May 10, 2015, 18:21

Riding on the overall positive mood on the Indian economy, the asset base of the mutual fund industry in the country is set to grow faster at 18.6 percent per annum to top Rs.20 lakh crore ($325 billion) by 2018, says a top industry expert.

MF asset base from smaller cities up 36% at Rs 1.89 lakh cr

Last Updated: Sunday, May 3, 2015, 11:04

Industry experts attributed the increase in contributions from B15 cities to huge compensation given to distributors, investor awareness and education programmes by MFs as well as incentive schemes launched by capital markets regulator Sebi.

Majority of equity, debt MFs underperformed their benchmarks

Last Updated: Monday, April 27, 2015, 14:57

Majority of equity and debt mutual funds underperformed their benchmark indices over the 5-year period ended December 31, 2014, shows data from the SPIVA India scorecard.

Institutional investors' MF asset up 21% to Rs6 lakh cr in Dec

Last Updated: Monday, February 9, 2015, 14:37

Institutional investors' mutual fund asset base increased by 21 per cent to over Rs 6 lakh crore in the first nine months of the current fiscal.

Equity mutual funds see inflow of Rs 56,000 crore

Last Updated: Sunday, February 8, 2015, 12:49

Mutual funds pumped in a whopping Rs 5,850 crore in equity schemes in January taking the total inflow to nearly Rs 56,000 crore in the first 10 months of the current financial year on account of positive returns and improved investor sentiment.

Equity mutual funds see inflow of Rs 49,000 crore in 2014

Last Updated: Monday, January 12, 2015, 14:57

Mutual funds pumped in a whopping Rs 49,000 crore in equity schemes in 2014 after witnessing an outflow in the preceding year on account of improved sentiment and positive returns.

Sebi likely to tighten screws on non-serious MFs: PwC

Last Updated: Monday, December 16, 2013, 18:05

Notably, an advisory committee formed to review the net worth requirement for AMCs recently suggested an upward revision in the minimum net-worth required for the mutual fund companies.

AMCs will be responsible for compliance of overseas agents

Last Updated: Friday, August 23, 2013, 14:38

AMCs would be responsible for the compliance of overseas distributors, in the absence of an Amfi registration, according to a circular issued by Association of Mutual Funds in India.

MFs witness record Rs 1.85 tn net inflow in 11 months of FY13

Last Updated: Sunday, April 14, 2013, 11:14

In a possible record-setting year in terms of money invested in mutual funds, all the fund houses together attracted total net inflows of Rs 1.85 lakh crore in the first 11 months of 2012-13.

MFs offload shares worth over Rs 21,000 cr in 2012-13

Last Updated: Thursday, April 4, 2013, 14:18

Mutual funds offloaded shares worth over Rs 21,000 crore during the first 11 months of fiscal 2012-13, including outflows of Rs 848 crore during the month of February 2013.

MF asset base rises to Rs 8.26 trillion in Jan

Last Updated: Sunday, February 17, 2013, 12:32

Total Assets Under Management (AUM) rose by Rs 66,000 crore or an increase of nine percent in January, compared to Rs 7.59 lakh crore in December 2012.

Mutual funds' AUM touches Rs 7.86 lakh crore in Oct-Dec quarter

Last Updated: Tuesday, January 8, 2013, 14:44

Touching the highest level in nearly three years, the assets managed by mutual funds jumped by more than 5 percent to Rs 7.86 lakh crore in the three months ended December 2012.